IndustryLatest Stories

Chandigarh Plot Owners Demand FAR Parity for Converted Lands

CHANDIGARH: The Chandigarh administration is poised to raise the floor area ratio (FAR) for industrial plots in Industrial Area Phase 1 and 2. In response, the Chandigarh Industrial Converted Plot Owners Association has requested an increase in FAR, revisions to height norms, and a new policy framework for converted commercial plots. Back in 2005, under the Conversion Policy, approximately 125 industrial plot owners transitioned to commercial activities by paying substantial conversion charges, which ranged from Rs 20,000 to Rs 30,000 per square yard, adding around Rs 1,200 crore to the government’s revenue. Chander Verma, the president of the Chandigarh Industrial…

IndustryLatest Stories

Chandigarh Boosts FAR to Lower Flat Prices, Permit 6 Floors

Representative AI image CHANDIGARH: To enhance housing affordability and revive the recently stalled Chandigarh Housing Board (CHB) project in Sector 53, the UT administration has approved an increase in the permissible Floor Area Ratio (FAR) to 2.4, allowing for the construction of taller residential buildings as part of the proposed group housing scheme. The change, suggested by the urban planning department, will facilitate the construction of buildings up to six stories high. Officials noted that this adjustment is designed to increase the number of housing units, thereby lowering per-unit costs and improving accessibility for buyers. “The revised FAR allows for…

CommercialLatest Stories

Chandigarh Considers Higher FAR for Commercial Properties

CHANDIGARH: The Chandigarh administration is contemplating an increase in the permissible floor area ratio (FAR) for commercial properties outside the ‘heritage sectors’. The administration has expressed plans to raise the FAR in Industrial Area Phase I and II from the current 0.75 and 1.0 to 2.0. “The decision regarding the FAR increase is currently with the top leadership of the administration. The proposal aims to double the FAR for commercial properties in the Industrial Area and areas beyond the heritage sectors,” sources report. Alongside the FAR increase, adjustments to the coverage area and allowable building heights are also under review.…

IndustryLatest Stories

Chandigarh to Revamp Building Bylaws for Industrial Growth

CHANDIGARH: The Chandigarh administration is embarking on a significant overhaul of building bylaws aimed at revitalizing the city’s economic landscape, with a special focus on the industrial sector. A high-level committee, appointed by the UT administrator and led by the deputy commissioner-cum-estate officer, has been charged with updating outdated building bylaws that have impeded industrial growth in the city. A key proposed reform includes an increase in the permissible floor area ratio (FAR) for industrial plots, allowing for zoning parameters for plots up to 2 kanal, as well as potential amendments to ground coverage and land use norms. This committee,…